Traveling through 70's wine

Su Qing contacted Xu Zhi, the person in charge sent by the securities company. Mr. Xu is the vice president of the securities company and specializes in sponsoring IPOs. He already has two successful cases and is very familiar with the IPO process.

He made a chart of the listing process and wrote down the work content of each stage. Looking at the full page of work, Su Qing felt a headache.

Seeing Su Qing frowning, Xu Zhi said, "Boss Su, our factory's operating and profit situation has always been good. Based on my experience, it basically meets the listing conditions. It's just that the process is more complicated, but our securities company will help you."

The work of listing was carried out intensively and orderly. Secretary Quan assisted Su Qing in doing the work for the local government. Su Qing prepared the relevant materials one by one according to Xu Zhi's process. The financial indicators of the electric bicycle factory were quite good, but some details needed to be improved. Su Qing and the people from the accounting firm recalculated the company's financial statements.

One day, Xu Zhi took the company's financial statements and said to Su Qing: "Mr. Su, after re-auditing, your company's capital is too little, which is not very favorable for the next round of financing."

Su Qing knew that the predecessor of the electric bicycle factory was a township agricultural machinery repair factory. Director Huang led a team to buy it for only 50 yuan. Later, after expansion, Su Qing invested in it. The capital at that time was only 600 million yuan. After several years of operation, when it was time to expand the industrial robot factory, the factory's capital plus capital reserve was only 2000 million yuan. Of course, this was also due to their lack of attention and failure to expand the capital.

Su Qing smiled and said, "We didn't care about these things before. In fact, the land, factory buildings, and technology of our factory are all appreciating in value. Can we recalculate it?"

Xu Zhi smiled and said, "Boss Su is no stranger to finance."

Su Qing said modestly: "I heard about it from others and learned it temporarily."

Su Qing told the shareholders about the situation, and Director Huang also reported to everyone on the development of industrial robots.

Their cooperation with the University of Science and Technology and the University of Industry has achieved remarkable results, with new technologies introduced every year. Now their factory is able to produce assembly robots and handling robots, which are used in electric bicycle production lines. Five assembly robots plus five workers can complete the assembly of an electric bicycle. They can produce 200 electric bicycles a day, and install one bicycle every 3 minutes on average, which is much better than relying solely on manual labor.

They also designed a spraying robot, which can be used in spraying workshops in the future. Workers can be kept away from the hazards of paint, and the factory can also reduce subsidies for harmful operations.

Not only their factory uses industrial robots, but an automobile factory in Songjiang has also ordered 50 industrial robots from their factory to transform an entire vehicle assembly production line. As industrial robots open up the market, the profits of the electric bicycle factory will continue to rise. Now they have orders for 1000 industrial robots, and the production tasks are very saturated. The contradiction of insufficient production capacity is gradually emerging.

The University of Science and Technology is very satisfied with this. Their cooperation with Ping An Electric Bicycle Factory has been very successful. The annual revenue from patent technology service fees alone is as high as tens of millions. Professor Su himself has gained a high reputation in both the academic and industrial fields, and the Automation Department of the University of Science and Technology has also become a popular major in the school.

In order to raise more funds, several shareholders decided to convert undistributed profits into capital in accordance with regulations. After revaluing the land and factory buildings, and converting the scientific research funds paid to the University of Industry and the University of Science and Technology in recent years into intangible assets, the capital of the electric bicycle factory increased to 8000 million yuan.

After receiving the new capital data, Xu Zhi and several shareholders expressed satisfaction, which meant that their investment had appreciated in value.

By the end of August, school was about to start, and Su Qing could only call Shanshan apologetically and ask him to go back to Pingjing with his father first, as she had to stay in Ping'an for a while because of work. Shanshan asked for a lot of compensation before she agreed not to be angry.

Yang Jiesheng brought the children back to the capital and checked on the work of the two stores in Pingjing.

Su Qing and the staff of the listing working group worked hard for more than a month before they prepared all the materials. After auditing, their company's total assets were 4 million yuan, registered capital was 8000 million yuan, and capital reserves were 1.2 million yuan. In order to protect the interests of the four shareholders, they will invest another 2000 million yuan in proportion to increase the capital to 1 million yuan. In addition, the company awarded 1% of the shares to Professor Su Quan of the University of Science and Technology and Professor Zheng Jingyu of the University of Industry respectively.

This time, they plan to issue 1 million shares. Based on a price-earnings ratio of 30 times, they can raise 30 billion yuan to develop carbon fiber technology and industrial robot technology. Xu Zhi left with the application materials.

After Xu Zhi left, Su Qing talked to Factory Director Huang, He Weixing and Quan Heng about the problems she discovered in the production of industrial robots when she was preparing listing materials. That is, the development of the supporting industrial computer programs was somewhat lagging behind, and could not adapt well to the application of industrial robots in production, resulting in some work not being completed well in actual use.

Director Huang looked at He Weixing, who nodded, "I've also discovered this problem. When promoting our factory's industrial robots, our products are obviously cheaper than similar foreign products, but some factories still choose foreign products. The main reason is that our control program is not stable enough, and they are worried about problems."

Now that they are producing more and more types of industrial robots, the need for the development of control programs is more urgent. Director Huang asked: "How do we solve this problem?"

"We should increase investment in computer program development," said He Weixing.

His suggestion is to increase cooperation with the University of Science and Technology and invite experts from the Computer Science Department of the University of Science and Technology to join their laboratory.

Su Qing nodded in agreement and said: "We also need to cultivate talents ourselves. After all, it is our own people who help customers transform their production lines." Industrial robots plus the corresponding control programs are the products they sell.

Director Huang nodded and said, "Let's recruit some computer experts and some college students majoring in computer science."

Quan Heng reported the contact with the government, "The Ping'an Municipal Government agreed to give us another piece of land for building a factory."

Director Huang asked, "When will it be given? Now or after it goes on the market?"

"If we need it, we can buy it now."

The Ping'an Municipal Government hopes that the electric bicycle factory will move their industrial robot laboratory, which is a collaboration with the University of Science and Technology, to Ping'an City, and expressed its willingness to provide them with all conveniences.